Boston, MA (PRWEB) February 19, 2014
Adam Molon of CNBC on January 31, 2014 reported on NFL quarterback Vince Young’s Chapter 11 bankruptcy protection filing in the Southern District of Texas (1). “CNBC underscored the unfortunate fact that Young is only the latest financial casualty among a string of NFL players who have gone from earning millions to coping with insolvency and limited prospects.” Says Rocco Beatrice, Managing Director of Estate Street Partners and parent company of UltraTrust.com; a firm dedicated to estate planning and asset protection for clients of all levels.
The inauspicious trend of professional athletes going broke picked up considerable interest in the midst of the Great American Recession thanks to a groundbreaking investigative report published by Sports Illustrated (SI) in March 2009. “How (and Why) Athletes Go Broke” (2) revealed that nearly 80 percent of NFL players fall into serious financial hardship three years after they stop playing. Their research goes on to say that the situation is marginally better in the NBA, where 60 percent of players are nearly penniless five years into their retirement. MLB players face a similar situation.
On average, according the SI article, NFL careers tend to be short and lucrative. In just three years, players can earn $ 4 million and move on to the next stage of their lives. Vince Young is currently a free agent; he has spent most of his last two years away from the gridiron and embroiled in a couple of lawsuits related to a loan gone wrong. According to an MSN Money article, Young’s insolvency can be traced to bad investment choices, overspending and a lack of an effective asset protection strategy (3).
Yahoo Sports sheds some light into Young’s legal troubles: During the NFL lockout in 2011, Young reportedly obtained a $ 1.8 million cash loan through his financial advisor (4). Young claims that he never received the loan proceeds, and the amount he allegedly owes has ballooned to $ 2.5 million.
“Looking at the reported figures of Young’s Chapter 11 filing, it is clear that this judgment against him to recover the lockout loan is dragging him down,” explains Mr. Beatrice. “NFL players are often targets of lawsuits; for this, and many other reasons, and they should strongly consider setting up structured, personalized plans to protect their assets. Often that means the use of FLP or irrevocable trust.”
“The short careers of NFL players call for careful estate planning on top of the investment advice they usually receive. Financial stability is becoming just as important as good health and athletic skills for NFL players.” Mr. Beatrice explains: “On any given Sunday, NFL players take on considerable risk. They work hard and play hard, and they enjoy living the high life. The overspending and dubious investment choices have virtually become rituals for professional athletes; it’s almost as if they feel invincible when they come off the field, but they are actually vulnerable when it comes to their finances.”
“The financial turmoil experienced by many NFL players can take a toll on them when they take the field.” Mr. Beatrice comments and “It takes a lot of discipline to avoid overspending and making investment mistakes because the money is big and fast and these guys make a living on the field that requires them to believe they are invincible, which has a tendency to follow them off the field.”
Mr. Beatrice continued “Irrevocable trusts and other estate planning strategies can help in this regard thanks to their structured nature of asset management; these are instruments that actually encourage saving money and keeping it safe. The biggest mistake an NFL player can make in relation to their finances is to forego estate planning, which is something they should accomplish in their rookie season. When executed correctly, many of the players can defer most of their income taxes while they are in the highest tax bracket and make sure that they have enough money for the rest of their lives.”
“Young NFL players tend to live from one Sunday to the next without thinking about what life might have in store for them once they stop playing. For many of these players, playing at the professional level is a ticket to a very early retirement and a greatly diminished earning power. They need to establish a solid foundation for their finances, which is something that can be accomplished with thoughtful estate planning.”
Young is hardly the first NFL superstar quarterback to get financially sacked according to USA today; Super Bowl champion and Cleveland Browns legend Bernie Kosar (5) was yet another of the most notable players that was forced into a calamitous Chapter 7 liquidation back in 2009, more than ten years after his last game with the Miami Dolphins.
About Estate Street Partners (UltraTrust.com):
For 30 years, Estate Street Partners has been helping clients protect assets from divorce and frivolous lawsuits while eliminating estate taxes and probate as well as ensuring superior Medicaid asset protection for both parents and children with their Premium UltraTrust® Irrevocable Trust. Call (888) 938-5872 to learn more.
1. cnbc.com/id/101377457 – 1/31/14
2. sportsillustrated.cnn.com/vault/article/magazine/MAG1153364 – 3/23/09
3. money.msn.com/investing/post–how-did-vince-young-waste-dollar25-million – 1/23/14
4. sports.yahoo.com/blogs/nfl-shutdown-corner/former-nfl-quarterback-vince-young-gone-25-7-210941965–nfl.html – 1/22/14
5. usatoday30.usatoday.com/sports/football/nfl/2009-06-19-kosar-bankruptcy_N.htm – 6/19/09
ONTARIO, Calif. (PRWEB) February 26, 2014
Sam Bush, ‘King of Newgrass,’ is the latest in an impressive lineup of performers scheduled to appear at Southern California’s Huck Finn Jubilee June 13-15 in Ontario, Calif.
The Grammy-winning artist and AMA Lifetime Achievement Award recipient has been pushing the boundaries of bluegrass for decades, fusing together styles that make it more expansive and adaptable. He joins The Del McCoury Band, Junior Sisk & Rambler’s Choice, Rhonda Vincent, The Boxcars, and Chris Jones and the Night Drivers in the early lineup of performers, with many more bands to be announced soon. Huck Finn Jubilee takes place June 13-15 at Cucamonga-Guasti Regional Park in Ontario, Calif. Visit http://www.huckfinn.com for details.
Heavily influenced by traditional bluegrass as a child, Bush learned to play mandolin at 11 and was also considered a prodigy on the fiddle. He came to national prominence in 1972 after forming the New Grass Revival, which blended various music styles for a bold new sound. The band’s commitment to stretching musical boundaries was viewed with disdain by some traditional bluegrass fans, CMT once reported. “(But) any opposition to the music we were doing really never came from the other musicians,” Bush told CMT. “At the time, it was from the fans of bluegrass. They were more divided.”
Sam Bush’s performance at Huck Finn will broaden the entire music experience of the festival, said Michael Krouse, President and CEO of the Greater Ontario Convention and Visitors Bureau, which this year assumed ownership of the nonprofit event. “We see his participation as expanding the reaches of bluegrass into new audiences much in the same way that bluegrass was influenced by other music genres before its time.”
The jubilee is an annual celebration held each Father’s Day weekend, featuring headliner bluegrass and country-themed performances, old-time activities and contests, a jammer’s campground, fishing, raft-building, a water playground, living history displays and more. It is billed as one of the largest bluegrass festivals of its kind west of the Mississippi, drawing visitors from throughout the United States.
RV and tent camping are available, as well as discounted hotel packages that include lodging and admission tickets. Order early online or by calling 888-718-4253,
The Del McCoury Band took home its second Grammy Award this year for best bluegrass album with “Streets of Baltimore,” a tribute to the city where McCoury got his start working for a stint with the father of bluegrass, Bill Monroe.
Junior Sisk & Ramblers Choice, awarded “Best Bluegrass Band” by the Society for the Preservation of Bluegrass Music in America (SPBGMA), is touted as one of the nation’s most authentic bluegrass groups.
Vincent, dubbed the “New Queen of Bluegrass” by the Wall Street Journal, recently released “Only Me,” a two-disc combo of both bluegrass and country. Known for her progressive chord structures and multi-range vocals, she has worked closely with many in the industry, including Dolly Parton, and Alison Krause.
The Boxcars were nominees for “Best Bluegrass Album” at this year’s Grammy Awards. They won the IBMA 2013 Instrumental Group of the Year for a third year in a row in 2013, and member Adam Steffey won IMBA Mandolin Player of the Year that same year.
Chris Jones and the Night Drivers blends an impressive measure of musicianship and songwriting, featuring the distinctive vocals of Chris Jones, host of SiriusXM’s Bluegrass Junction. Jones, whose career has included performances with some of the industry’s legendary talents, earned both Song of the Year and Album of the Year awards from the IBMA in 2007 – the first time that both music and industry awards have gone to a single person.
About the Greater Ontario Convention and Visitors Bureau
The Greater Ontario Convention and Visitors Bureau provides groups and meeting professionals with an unbiased, comprehensive resource when booking a tour, convention, meeting or event within the cities of Ontario and Rancho Cucamonga, Calif. Ideal for both leisure and business travel, the region boasts scenic mountains, deserts, vineyards and metropolitan areas that are both historic and cosmopolitan in character. For meeting needs of all sizes – from a conference room to a citywide convention utilizing the Ontario Convention Center – or for a special exposition or sporting event, the Greater Ontario Convention and Visitors Bureau will provide the necessary destination support tools to execute a successful experience. Visit http://www.discoverontariocalifornia.org.
Tempe, AZ (PRWEB) February 16, 2014
National Signing Day for National College Athletic Association (NCAA) Division I football programs is the opportunity to prepare for the future.
That future is bright for this crop of Maricopa Community College student athletes, who have committed to Division I schools. In all, 31 Maricopa student athletes committed to Div. I schools today: Scottsdale (14), Mesa (9), Glendale (6) and Phoenix (2).
“This list is indicative of the outstanding quality of student-athletes in the Maricopa Community College District and the Western States Football League,” said Dave Grant, Athletic Director at Glendale Community College. “Their dedication is a reflection of the excellent, year-round work that students and coaches do to prepare themselves for academic and athletic careers at 4-year colleges and universities.”
Maricopa Community Colleges has a strong history of students succeeding in both academics and athletics. More than 30 Maricopa Community Colleges sports teams participated in national championship play in 2012; three of them brought home national titles.
In the same academic year, 90 players and 30 full teams received national Academic All-American recognition (by maintaining a minimum 3.6/4.0 GPA and 3.0/4.0 GPA, respectively).
Over the past five years, 425 Maricopa student athletes have been placed at Division I schools for athletics, and more than 1,400 have transferred to a four-year school.
Player (Position, Stats) NCAA Division I Program (Conference)
John LaChapelle (DT, 6-1/290) to Western Illinois (Missouri Valley)
Jerod Cody (DE, 6-3/265) to University of Arizona (Pac-12)
Nick Ziegenbein (OT, 6-9/315) to Western Illinois (Missouri Valley)
Josh Bamrick (MLB, 6-2/240) to Northern Arizona University (Big Sky)
Luis Sharpe (CB, 6-2/190) to Western Illinois (Missouri Valley)
Jehren Ertel (OT, 6-6/280) to Boise State University (Mountain West)
Claude Pelon (DT, 6-5/275) to University of Southern California (Pac-12)
Demarlon Morris (CB, 6-0/185) to Oregon State University (Pac-12)
Corey Clements (OT, 6-8/340) to Purdue University (Big Ten)
Damani Mosby (DE, 6-3/240) to Kansas (Big 12)
Ronald Perry (OLB, 6-1/215) to Idaho (Independent)
Toni Pulu (DE, 6-3/290) to Texas State University (Sun Belt)
Jalen Rogers (CB, 6-1/185) to University of Hawaii (Mountain West)
Taylor Hanson (OLB, 6-1/220) to Northwestern State (Southland)
Daniel Peterson (OLB, 6-2/215) to Idaho (Independent)
Jonathan Black (DT, 6-5/300) to Hampton University (Mid-Eastern)
L.J. Mosley (OL, 6-4/330) to Youngstown State University (Missouri Valley)
Andre Fils (DB, 5-10/160) to Hampton University (Mid-Eastern)
Bryce Hall (DL, 6-3/295) to Austin Peay University (Ohio Valley)
Calvin Heurtelou (DT, 6-4/295) to University of Miami (FL) (ACC)
Antonio Smothers (OLB, 6-2/230) to University of Arizona (Pac-12)
Patrick Glover (CB, 6-2/205) to University of Arizona (Pac-12)
Braedon Bowman (TE, 6-4/215) to University of South Alabama (Sun Belt)
Blake Decker (QB, 6-2/205) to University of Nevada, Las Vegas (Mountain West)
Teddy Ruben (WR, 5-10/170) to Troy University (Sun Belt)
Siupeli Anau (DE, 6-3/245) to Northern Arizona University (Big Sky)
Jordan Frost-Dixon (CB, 5-10/190) to Middle Tennessee (Conference USA)
Tyler Bode (OT, 6-7/300) to Western Illinois (Missouri Valley)
Isaiah Riddle (OLB, 6-3/205) to Kansas State (Big 12)
Damon Hendrix (OLB, 6-2/205) to Northern Iowa (Missouri Valley)
Tim Patterson (LB, 6-4/250) to Southern University and A&M College (Southwestern)
The Maricopa Community College system includes 10 regionally accredited colleges – Chandler-Gilbert, Estrella Mountain, GateWay, Glendale, Mesa, Paradise Valley, Phoenix, Rio Salado, Scottsdale and South Mountain. It also includes the Maricopa Skill Center, Southwest Skill Center, and several satellite campuses and business/industry, technical and customized training institutes.
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Question by The Captain: Why do people play fantasy football?
The whole concept is kinda stupid
Answer by Krud
Tell that to the millions that play it. It must have some appeal.
Add your own answer in the comments!
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We have a fair idea what Cricket is for India. From Cricket field to TV screens cricket players rule Indians. They are lavishly paid from the game as well as media and ad agencies to pose for their brands. There have been stories of making of players from rags to riches. Some people may wonder as to why cricket news has been given such attention. Others may just like it being called as heart’s wish as it always follows the craze of crowd. Question that really hits is why Cricket and why not Football like rest of the world. If craze is being followed than why not Football news is our preference as the world does. For us, even knowing about our national sports as in specific sports news never enthused us.
Going back to the history Cricket has been developed earlier than Football but being short spanned and with minimum number of rules it gained more popularity than Cricket. With lot many twists and turns, Cricket is still considered a posh game in Britain. India being a hostage of British for two hundred years created a fondness to this game in India. This might sound like a valid reason for us being so much in love with this particular game. So here we stand in queue to get the ticket for a crucial cricket match today and waiting for the Cricket News of the same match tomorrow in sports news section of our newspaper.
Liking Cricket can also be understood by the way we Indians like to delay aftermath of any act. We like thrills to be dragged. Games are meant to increase the suspense of climax and when the result comes out unexpected the motto of the Game is fulfilled.
Cricket is very good at that and due to this it is very much loved in India just as our philosophy of life. Football News can never satiate our hunger for such intensity for timeless thrill.
Sports always will remain a mode of entertainment, for the cause it had been developed. Liking a particular sport is personal as well a choice induced by society and culture. Interest arouses curiosity. It never matters if we chose to adhere either Cricket news or football news. The issue is always of interest and of course at many times the Country. Sometimes it is just ridiculous to differentiate between the two kinds but it also cues to the human nature. More often than not, we incline to do things that do not seem necessary. Sports news about stupid comparisons is one of those.
Atlanta, GA. (PRWEB) January 14, 2014
Today, Competitive Sports Analysis (CSA), leading provider of predictive sports analytics, unveiled scoutPRO® Coaching Edition, which is the only scouting and game planning system that combines historical tendencies and subjective experience to identify and prioritize the strengths and weaknesses of recruits, a football team and game day opponents. The announcement coincides with the American Football Coaches Association’s (AFCA) annual convention in Indianapolis.
CSA’s team of data analysts and sports professionals created scoutPRO Coaching using the same patented software technology that has propelled its well-known fantasy sports tools’ accuracy and popularity the past three years.
scoutPRO Coaching includes the following two modules to meet the needs of every college football program:
Precision Playbook – Helps coaches prepare for the gridiron by automating game preparation, which reduces time and expense. Precision Playbook allows coaches to define skills, rules and parameters for building game plans and automatically adjust game plans based on injuries, substitutions and weather. Further, the system allows coaches to analyze players and identify situation specific plays based on opponent strengths and weaknesses.
SMARTscout – Helps college coaches find best “fit” recruits by allowing you to rate recruits on individual skill levels, track and integrate available player data, and more. Moreover, SMARTscout gives coaches the ability to customize skills and importance of skills based on their schemes and systems.
“With more than 25 years of player personnel experience, I’ve seen the growing amount of data that coaches and recruiters must review,” said Mike Hagen, former NFL executive and scout who serves as strategic advisor for CSA. “It’s been impossible to compile and analyze this data quickly and decisively…until now. As we enter the off-season, we’re excited to put scoutPRO predictive data in the hands of coaches and recruiters – making the game more competitive and efficient.”
“CSA’s vision has always been that insightful data and analytics provide a competitive advantage for sports teams,” said Diane Bloodworth, founder and CEO of CSA. “We believe that sports teams will continue to increase their usage of predictive data in selecting players and game planning. With the launch of scoutPRO Coaching, we’re furthering our goal to provide valuable, predictive data to help teams win.”
The new tool is now publicly available for collegiate football coaches with an NFL module coming spring of 2014. Plans for basketball and baseball versions are currently in development. For more information or to request a quote, click here.
About Competitive Sports Analysis
Competitive Sports Analysis (CSA) is a leading provider of predictive data for sports. In 2011, CSA launched its initial product, scoutPRO® Fantasy Football, which gives general managers highly accurate, league-winning predictions through smart, patented software that consistently beats the competition and revolutionizes roster management. Today, scoutPRO Fantasy Football is one of the best tools on the market with a more than 60 percent accuracy rating. After much consumer and industry praise, the company debuted scoutPRO Fantasy Baseball in 2013 and scoutPRO Coaching Edition in 2014. For more information, visit http://www.competitivesportsanalysis.com and follow @scoutPROfantasy and @scoutPROcoach on Twitter.